CHINA

US Trade Deficit Improves In April: Commerce Dept.

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Lower U.S. demand for crude oil and petroleum products in April helped shrink the nation's balance-of-trade deficit from the previous month, the Commerce Department said Friday, but the trade deficit with China worsened.
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A man walks past a stock quotation board showing Japanese companies' stock prices outside a brokerage in Tokyo

Japan's Nikkei Falls Amid Global Concerns

Japan's Nikkei 225 Stock Average fell Friday as lack of indications of more monetary stimulus in the U.S. by the Federal Reserve undermined the interest rate cut by China.
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China: Tibet Closed To Foreign Tourists

Several travel agencies in China are reporting that foreigners have been banned from traveling to the Tibet Autonomous Region, the Chinese name for Central Tibet.
A general view of Spyker Cars Saab factory in Trollhattan

Saab Sold For One-Third Of What GM Valued It At

Sino-Japanese joint venture National Electric Vehicle Sweden AB (NEVS) has paid a paltry 1.5 billion to 1.8 billion kronor ($210 to $250 million) for defunct Swedish carmaker Saab Automobile AB.
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Gold Prices Fall, Ending Six-Day Rally

The price of gold on the New York Mercantile Exchange fell by more than 2 percent on Thursday, ending six days of consecutive price increases so far this month.

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